FundNYSEARCASmart Betas

Defiance S&P 500 Enhanced Options & 0DTE Income ETF

WDTE NYSE Arca

WDTE is an actively managed exchange-traded fund (“ETF”) that seeks enhanced income, constructed of treasuries and S&P 500 index options. The strategy’s objective is to generate weekly distributions by selling option premium on a daily basis. The fund uses daily options to realize rapid time decay...

27.23USD
+2.00 (+7.93%) 1 Year · close Nov 11

Hover to inspectDrag to measure a move← → to step through days

Dividend yield
29.82%
Trailing 12 months
Volatility · 1Y
12.7%
Average Risk
Beta
0.81
vs the market
52-week range
23.7428.13
01 Performance

How WDTE has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Nov 11
Strong performance Select a period to update every chart on the page.

Total return vs price return

Price only
+32.2 pts
-10%0%10%20%30%40% WDTE +40.1% Price +7.9%

Over 1 year, WDTE returned +40.1% with dividends reinvested — dividends added +32.2 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
12.7%Average Risk

A typical year sees the price swing about ±13% around its trend.

Drawdown from peak

How far below its previous high the price has been
−8.2%
0%-5%−8.2%

Deepest fall −8.2% on Mar 30, 2026 — 47 days after the previous high
More than 5% below a high 4% of the time.

Market sensitivity

Beta
Market moves+10.0%
WDTE tends to move+8.1%

A beta of 0.81 means WDTE has moved less than the market.

Sharpe ratio -0.24 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Uptrend
27.23
  • 12-day average27.14 +0.3%
  • 26-day average27.36 −0.5%
  • 50-day average27.43 −0.7%
  • 200-day average26.65 +2.2%

The price is above 2 of 4 averages. The 50-day average is above the 200-day, a sign of a rising longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought43.6

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield29.82%

About 298 USD a year for every 1,000 USD invested at today's price.

Per share
8.12
Last paid
Nov 10, 2026

Last 12 months

8.12 USD / share
0.19Nov 130.19Nov 200.29Nov 260.19Dec 40.19Dec 110.19Dec 180.19Dec 240.19Dec 310.19Jan 80.18Jan 150.18Jan 220.18Jan 290.18Feb 50.18Feb 120.18Feb 190.18Feb 260.17Mar 50.17Mar 120.17Mar 190.16Apr 20.17Apr 90.17Apr 160.17Apr 230.18May 280.18Jun 180.17Jun 250.17Jul 20.17Jul 90.17Jul 160.17Jul 230.17Jul 300.17Aug 60.17Aug 130.17Aug 200.17Aug 270.17Sep 30.17Sep 100.17Sep 170.17Sep 240.17Oct 10.17Oct 80.17Oct 150.16Oct 220.16Oct 290.16Nov 50.15Nov 10
05 Themes

Where WDTE shows up

Curated themes and indices that hold WDTE. Open one to see it in context, or test the whole theme in a portfolio.

06 Profile

About Defiance S&P 500 Enhanced Options & 0DTE Income ETF

WDTE is an actively managed exchange-traded fund (“ETF”) that seeks enhanced income, constructed of treasuries and S&P 500 index options. The strategy’s objective is to generate weekly distributions by selling option premium on a daily basis. The fund uses daily options to realize rapid time decay by selling in the money puts.

  • Featured in 1 curated theme
Ticker
WDTE
Exchange
NYSE Arca
ISIN
US88636J1473
CUSIP
88636J147
Currency
U.S. Dollar (USD)
Country
USA
Sector
Smart Betas
Industry
SecuringIncome/DownsideExposure
All key statistics

Details

NameDefiance S&P 500 Enhanced Options & 0DTE Income ETF
TickerWDTE
ISINUS88636J1473
CUSIP88636J147
ExchangeNYSEARCA
CategorySmart Betas
Sub CategorySecuringIncome/DownsideExposure
CountryUSA
CurrencyU.S. Dollar
Inception DateSep 18, 2023
Benchmark-

Shareas of Nov 11, 2026

Close Price USD27.23
52W Low / High 23.74 / 28.13
1Y Total Return40.11%
Strong
1Y Volatility17.60%
Average Risk
Beta0.81
12M Dividends8.1187
Last Dividend DateNov 10, 2026
Dist. Frequency-
Dividend Yield29.82%

Dataas of Nov 12, 2026

AUM-
Discount/Premium-
NAV-
Shares Outstanding-
Volume 20D Avg-
Nbr of Holdings-
Risk Rank-
Net Expense-
Options available-
Next step

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Data for information only, not investment advice. Past performance does not guarantee future results.